Read the information$/$case$/$situation and give your solutions$/$answers$.$

$1.$ Travis Ryan is one of four cofounders of a skateboard company. The cofounders have decided to write a business plan to obtain funding for their venture. During a recent meeting, Travis said, $$I know that we$$re all really busy, so I$$d like to volunteer to write our business plan. A friend of mine has a house on a lake near where we are going to school. If the three of you agree, I$$ll take my laptop to my friend$$s house for a couple of days and knock out our business plan. Any objections?$$ If you were one of Travis$$s co$-$founders, what would you say? What alternative approaches to writing a business plan would you propose and why?

$2.$ A good friend of yours, Andrew Waters, has decided to leave his corporate job in order to launch a private SEO $($search engine optimization$)$ consulting firm. He is putting together a business plan for this venture and says the following to you: $$I$$ve read several books and articles about how to write a business plan, and there is a point about which I am still a bit confused. Is a business plan written more for learning and discovering or is it written more for pitching and selling?$$ What would you say to Andrew in response to his question?

$3.$ Josh White has a brilliant idea of starting up an e$-$payment business using online payment kiosks. However, he is looking for investors to fund his business. As you are a good friend to Josh, he called you to seek advice on writing a good business plan to attract potential investors. He needs a structured plan detailing how to achieve the potential of his ideas so that his plan doesn$$t look hastily put together. Advise Josh on some of the $$red flags$$ that he should avoid while preparing the plan.

$4.$ Ginny Welch needs to prepare a market analysis for her business plan for a loan provider which is due in the next two weeks. However, she does not know what to write and who her target market is$.$ All she knows is that her potential customers are those who are seeking a healthy lifestyle, as she is proposing to start a wellness center. She has completed her industry analysis but only recently learned the difference between market analysis and industry analysis. What is the next step she should take to complete the market analysis?

$5.$ The entrepreneurship class you are taking meets for four hours once per week. A break of $10$ minutes or so takes place after the first two hours of each class. During a recent break, you overhead one of your classmates say to another person that in her opinion, the teacher is overselling the importance to potential investors of a start$-$up$$s management team. $$After all,$$ the classmate says, $$A good product outweighs any deficiency a firm may have in terms of managers and their abilities.$$ Given what you have learned about business plans, what would you say to your classmate to convince her that she needs to rethink her view about potential investors$$ views about the quality of a proposed venture$$s management team?

$6.$ Shane Hanks has prepared a business plan for his phone app Mobil Gym, and needs a few tips on how to effectively present the business plan to his potential investors. His business plan has a couple of investors interested and now he needs to meet them in person and present to his plan. Guide Shane.

$7.$ Michael Graves and Jill Simpson just left their jobs with Microsoft to launch a business that will sell a new type of fax machine. They wrote a full business plan that they$$ve asked you to review. When reading the plan, you noticed that several key sections begin with the phrase $$We believe....$$ Is any knowledgable person who reads this business plan going to know what $$We believe...$$ really means? What is the problem with including the phrase $$We believe....$$ to introduce key sections of a business plan?

$8.$ Recently, Megan, Jennifer, and Mark, the cofounders of a medical products company, presented their business plan to a group of investors in the hopes of receiving funding for their venture. One of the investors asked the three, $$How much of your personal money do each of you have invested in this firm?$$ Is this a legitimate question for the potential investor to ask? Why would an investor want to know how much of their own money each cofounder has committed to the proposed new venture?

$9.$ Janine Morris has prepared a business plan for her online shoe business. She has approached an angel investor to support her business financially. Being a close friend, she showed you her business plan and asked for your opinion. After reading through her plan, you noticed that her plan did not include the important elements that the investor would be looking for. Moreover, her business plan was very vague and did not clearly state the real intention of starting the business. Advise Janine. Please don't use chatgpt and give me an expert answer. Thank you very much